The Unified Payments Interface (UPI) transactions set a new record in October, with 16.58 billion transactions conducted in the country. The total value of these transactions was approximately ₹23.5 lakh crore. #ITnewsbyte #UPI #socialmediaspecial #digital | Sakshi Batra | India Today

As transactions facilitated by the Unified Payments Interface (UPI) breach record highs, banks have opted for daily limits. These are over and above the already imposed ceilings mandated by the facilitator, the National Payments Corporation of India, in 2021. The idea is to sustain the smoother functioning of the payments interface as it continues to acquire popularity. At present, users can make up to 20 transactions or ₹1 lakh in a single day. Click the link in bio to read more. #UPI #SBI #ici